Bitcoin Chases The $1B Mark In One Week Fund Inflows, Arthur Hayes Sees Year-End Bitcoin Valuation ‘At Or Above An All-Time High’
The latest crypto fund inflows witnessed a significant growth level from the past week, lead by Bitcoin (CRYPTO: BTC). Experts say a correction is healthy, industry executive sees year-end valuation at or above all-time high levels. What Happened: Based on the latest CoinShares report, digital asset investment products witnessed $1.18 billion in inflows over the past week. Bitcoin was leading with $1.14 billion compared to $112.6 million in the prior week. Short Bitcoin saw inflows of $4.1 million compared to an outflow of $0.9 million in the prior week. Region-wise, the U.S. saw an inflow of …